Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1887-04-09
THE ST. 10 BOOM.
City OF 10000 Tint VIII Number @
g0O in Twelve. NIanfLs

geo in Twelve Months.
"Most remarkable statements are heard
IN every hotel lobby and on every railroad
train about St Joseph, No ;" writes a press
correspondent. "a large amount of Kansas
City, Chicago and st. Louis capital is being
invested in st. Joseph real estate, and ] hear
that number of large enterprises employing
thousands of men and with capital that tops
millions, have completed arrangements for
moving, bag and baggage to this new center
of emigration. met st. Joseph man on a
Wabash train to-day. He tells me that the
Immediate cause Of the great boom is the ex-
tension of the Chicago, Rock Island & Pacific
Railroad. This great system is making st.
Joseph its Missouri River depot for its freight
and stock traffic between Chicago and the
Southwestern ranges, and has given the CITY
prominence as railroad center equaled
only by Chicago. The extension of the Rock
Island has induced the Chicago, Milwaukee
q St Paul to extend the diagonal south
ward to st. Joseph, and the Santa Fe
to come up direct from Topeka and Atchison,
in order to secure a short cut to Chicago. said
to be sixty miles shorter than by any other
the first of August, and that will send the
Burlington & Missouri trains from Denver
straight through st. Joseph, eastward via the
Hannibal. These and other favorable circum-
stances have combined to bring about q
boom which, as | said in the outset, has be
como the absorbing topic of conversation
in every prominent hotel lobby half way
no 7 off, ,rl,o h.,
made a fortune in one day on an investment
of $1,000. People arc buying lots in hollows
end on top of bluffs, and half the sales are
made from the map without an inspection of
the ground whereOn they are located The
city has about G000o inhabitants. and not
the least remarkable fact is that she is quoted
i'll the last United States census as
next to Portland, the richest town of
her size in the country controlling the whole
sale trade of Kansas, Nebraska, Colorado and
New Mexico Her shipping facilities, coupled
with her large wholesale trade, has made her
perhaps the best manufacturing and pork
packing point in the West The new Stock
Yards, the most complete west of Chicago.
cover 40 acres of ground, and will
shortly combine hotel, Stock Elk
change md several large packing
houses with other facilities Local
capitalists are erecting a new S300, 900 hotel
safe depository, and companies have been
organized to build a belt line and two cable
roads, while the Council has just granted the
right to two of the street-car companies to
employ the electric motor. An inspection of
the Boston Posts weekly clearing house re.
ports for the past three months shows the per
centage of increase the largest of any
city quoted IN the report. Under
such like circumstances, my informant
thought, the boom rested upon Il
solid footing Strangers are coming III by
every train, and he predicted that the city
would have population of 100000 in the
next twelve months. Large additions TO
the city are plated, but on the market and
sold in two days for residences, manufactur-
ing and business purposes, the real estate
deals ranging from $3.50, 900 to 800, 900 day,
those of last week footing up So, 100000
1t is said in Paris that Mrs. John Mac
kay owns the finest Jewels ia the world
Two specimens certainly take precedence
over any OF the kind that are known.
One is q sapphire that she bought for
$3.50, 900 from Russian prince.
measures a centimeter, about four>tentf
of an inch inch IN diameter. and has I
defect. She owns also the most spler
did emerald known. Among her 9th
toys is q neclace of pearls worth Sl0a,(
and set of corals, comprising OF
brooch, crown, bracelet etc, all of
most delicate color. each piece cover
with diamonds. II took two years search
ing to complete this collection of gems
and there exist only one other like 1t, and
that belongs to the Queen OF Portugal.
Further than these is pair of solitaires
worth $i25,C00. One OF them was
bought at the sale of the effects of the
Duke of Brunswick. and the jeweIer who
was commissioned with securing its mate
was upwards OF tive years in getting it.